You know who they are—the most talented, committed and hardworking members of your team. Part of your job as an HR pro is to help managers create and maintain an environment where these most valuable players feel recognized and challenged—and working for you.
Here’s advice for bosses on the best ways to retain MVPs:
1. Give them ownership of their jobs
Make sure your best employees understand what’s expected of them and when. Provide the necessary information and resources, then get out of the way. People who are allowed to make decisions affecting their work are more inclined to accept responsibility for it.
2. Recognize and reward
Bonuses and raises are great for retention, but team members also crave recognition for their achievements, whether it’s being singled out for praise at a staff meeting or featured in the company newsletter. Another powerful technique is to put the MVP in charge of a new project.